Daft IPW Report #10 823 Drops

[Dreaded_Estate]

http://irishpropertywatch.wordpress.com ... 823-drops/

Over the period from the 8th of February to the 15th February of January there were 826 price drops and the average drops was 6.5%. This equates to 118 price drops per day.
The report is available in excel and html formats
Historic Drops
9,903 properties listed in Daft have now dropped the price at least once. An increase of 369 from the previous week
This report is only available in excel format
Analysis is provided by
- County
- Drops
Time on the Market
The average time on the market increased again last week and now stands at 152 days.Sligo and Mayo remain at the top of the list where the average time on the market is over 186 days and 181 days respectively.Time on the Market Report is available in html.

43% of properties listed on Daft have now been for sale for more than 6 months while 20% have been on the market for 10 months or more, 16% for 11 months or longer.

[Ard-Taoiseach]

Any idea of the sales per day? And of those sales, how many have dropped their price and by how much?

It would be good as it would indicate the effectiveness of these asking price drops in terms of actually achieving sales.

Do these price drops include the new builds chopping 10-25% of launch prices like Citywest and St. Edmunds et al.?